Trivedi Mortgages & Financial Services

Loan for business equipment

No matter whether you’re just starting out in self-employment, or you’ve already established a thriving business, gear selection is inevitably going to be important. Each segment of the business may need equipment that’s different from the general public and other sector segments. Paying for new equipment with a mortgage from Mortgage Choice makes financial sense – from espresso machines to more practicable tools for tradespeople.

Equipment finance Features

Quick approvals from 24 hours*
Transparent fees and charges
Collateral-free finance
Affordable rate of interest
Flexi loan facility
Pre-approved offers

Use of equipment finance

This form of financing helps individuals offset large equipment costs by enabling them to either LEASE or RENT their items continuously over a set period of time. This type of finance is used to acquire expensive plant and equipment such as vehicles, forklifts, IT hardware, telephony systems, industrial machinery, and other assets. These loans do not cover credits and operating expenses or real estate.

If businesses are concerned about planning carefully and can spend some time providing estimates, equipment finance plans might be more valuable than an interest-only loan for managing fiscal stability.

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